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Tutorial Five: Taxes and insurance PDF Print E-mail

In the previous four tutorials, you assessed your current financial situation, set some financial goals, talked about ways to meet those goals (including saving, budgeting, and financial management techniques), and discussed borrowing options. Now we are going to discuss two financial topics-taxes and insureance, which in some ways are outside of basic personal finance, and in some ways are at the very heart of the matter.

This tutorial will give you an overview of the different types of insurance, and the importance of protecting your assets. Basic tax information for low-income working families will also be provided, including the Earned Income Credit and the Child Tax Credit.

Many tutorials are accompanied by worksheets that can be read with Acrobat Reader. These worksheets will appear as links directly under the page title. Please print them in order to complete each section. If your computer does not already have this free software, you may want to download it before beginning.

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